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IMF Sees Global Economic Gains This Year

The International Monetary Fund is predicting the world economy will advance at a faster pace this year.IMF economic counselor Olivier Blanchard said Tuesday in Washington that the global economy will grow by 3.7 percent in 2014, up from last year's 3 percent rise. He said the world's advanced economies will grow by 2.2 percent this year, with emerging market and developing economies moving ahead by 5.1 percent.Blanchard said economic constraints from government austerity programs in...

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